E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers F > Headlines for First Pacific Co. Ltd. > News item
Published on 9/23/2020 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

First Pacific repurchases $28.8 million of 5¾% bonds due 2025

By Taylor Fox

New York, Sept. 23 – First Pacific Co. Ltd. completed the repurchase of $28.8 million of its 5¾% guaranteed bonds due 2025, or 16.5% of the amount of bonds issued, on Thursday, according to a news release.

Including bonds previously repurchased, 25.1% of the $175 million bonds originally issued have been repurchased.

The repurchased bonds are expected to be canceled as soon as practicable, after which $131.1 million of the bonds will remain outstanding.

First Pacific is a Hong Kong-based telecommunications and food products company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.